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June 10, 2014
08:35 EDTNOCNorthrop Grumman awarded $9M contract from KARI
Northrop Grumman has been awarded a contract from the Korea Aerospace Research Institute, or KARI, to provide space inertial reference systems for the GEO-KOMPSAT-2 space satellite program. Under a firm-fixed-price contract worth nearly $9, Northrop Grumman is providing its Scalable Space Inertial Reference Units for the GEO-KOMPSAT-2A and -2B satellites. The Scalable SIRU supplies critical rotation rate data that enable the stabilization, pointing and attitude control of satellites and space vehicles. The contract includes an option for one additional unit to be exercised by July 2015 for the KOMPSAT-6 program.
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June 26, 2015
07:26 EDTNOCSRA International exploring sale or IPO, Reuters reports
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June 22, 2015
10:01 EDTNOCNorthrop Grumman awarded delivery $31.7M order from DMEA
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